The ratings are driven by the high integration with the Italian Republic and the likelihood of exceptional support.

The rating is driven by the high integration with the Italian Republic and likelihood of exceptional support.

Scope Ratings has updated its analytical report on CDP, rated BBB+ with a Stable Outlook.

The rating is driven by the high integration with the Italian Republic and likelihood of exceptional support.

The rating action on CDP follows Scope's recent revision of the Outlook on the Republic of Italy to Stable from Negative.

Scope has completed Cassa Depositi e Prestiti monitoring review.

On May 22, Scope Ratings GmbH has affirmed the BBB+ issuer rating of Cassa Depositi e Prestiti SpA (CDP)

The rating action on CDP follows the recent revision by Scope Ratings of the Outlook on the Republic of Italy to Negative from Stable.

Scope Ratings has updated its issuer report on CDP, rated BBB+ with Stable Outlook

The ratings reflect CDP’s unique business model, as the Italian National Promotional Institution (NPI), and the majority ownership by the Italian government (rated BBB+, Stable Outlook), which in Scope's view would fully support CDP in case of need.